poornima lagadapati
Active member
In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
A.Rs. 3100
B.Rs. 6240
C.Rs. 6500
D.Rs. 9600
A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:
A.Rs. 12
B.Rs. 15
C.Rs. 18
D.Rs. 21
By investing in 16 2/4% stock at 64, one earns Rs. 1500. The investment made is:
A.Rs. 5640
B.Rs. 5760
C.Rs. 7500
D.Rs. 9600
A.Rs. 3100
B.Rs. 6240
C.Rs. 6500
D.Rs. 9600
A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:
A.Rs. 12
B.Rs. 15
C.Rs. 18
D.Rs. 21
By investing in 16 2/4% stock at 64, one earns Rs. 1500. The investment made is:
A.Rs. 5640
B.Rs. 5760
C.Rs. 7500
D.Rs. 9600